What is already clear are the serious and senseless economic consequences that will follow if states are allowed to punish fossil fuel companies for their lawful past production.
Liability for Climate Change: An Inequitable Economic Disaster
Liability for Climate Change: An Inequitable Economic Disaster
29 May 2025 Leave a comment
in economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming, law and economics, politics - USA, property rights, Public Choice, rentseeking Tags: climate alarmism, nuisance suits
Amon Göth—Pure Evil
25 May 2025 Leave a comment
in defence economics, economics of crime, law and economics, laws of war, war and peace Tags: Nazi Germany, The Holocaust, World War II
Amon Göeth was sentenced to death and was hanged on 13 September 1946 at the Montelupich Prison in Kraków, not far from the site of the Płaszów camp, the camp he had been in charge of until two years, to the date, prior to his execution. On 13 September 1944, he was relieved of his […]
Amon Göth—Pure Evil
Excusing the Government
22 May 2025 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, constitutional political economy, economics of bureaucracy, economics of regulation, history of economic thought, income redistribution, international economics, labour economics, law and economics, property rights, Public Choice, public economics, rentseeking, urban economics
An excerpt from Chapter 3 of *Unbeatable*
Excusing the Government
Pro-Market & Pro-Business: Firms Strive to Satisfy the Customer
22 May 2025 Leave a comment
in applied price theory, comparative institutional analysis, economics of information, economics of regulation, entrepreneurship, history of economic thought, industrial organisation, labour economics, law and economics, property rights
Econ 101 is Underrated: Pharma Price Controls
22 May 2025 Leave a comment
in applied price theory, development economics, economics of regulation, entrepreneurship, health economics, law and economics, politics - USA, property rights Tags: 2024 presidential election, patents and copyrights, price controls, price discrimination
Econ 101 is often dismissed as too simplistic. Yet recent events suggest that Econ 101 is underrated. Take the tariff debate: understanding that a tariff is a tax, that prices represent opportunity costs, that a bilateral trade deficit is largely meaningless, that a so-called trade “deficit” is equally a goods surplus or an investment surplus—these […]
Econ 101 is Underrated: Pharma Price Controls
David Friedman Explains Why Trump’s Tariffs Will Fail | IEA Live
21 May 2025 Leave a comment
in applied price theory, David Friedman, history of economic thought, industrial organisation, international economics
He should have apologised
19 May 2025 Leave a comment
in law and economics, politics - Australia, property rights Tags: defamation, free speech
The ABC reports: There are concerns that former Victorian Liberal leader John Pesutto will be bankrupted after being ordered to pay costs of $2.3 million after losing his defamation battle with Moira Deeming. … The Federal Court order handed down on Friday morning, raises the prospect Mr Pesutto will be bankrupted and forced out of…
He should have apologised
David Friedman on markets, governments and whether we need either?
19 May 2025 Leave a comment
in applied price theory, comparative institutional analysis, constitutional political economy, David Friedman, defence economics, economics of crime, economics of regulation, environmental economics, history of economic thought, industrial organisation, law and economics, property rights
Once again, pro-Palestinian protestors at the University of Chicago violate campus rules but don’t get punished
19 May 2025 Leave a comment
in economics of crime, economics of education, law and economics, politics - USA, property rights Tags: free speech, Gaza Strip, Israel, Middle-East politics, regressive left
If you’ve read about the various pro-Palestinian and anti-Israel protests across American campuses, one thing you’ll notice is a general reluctance to punish demonstrators when they violate university rules. Of course protests are usually fine if they conform to First Amendment principles (though some schools don’t hold those principles), but they’re never fine when they […]
Once again, pro-Palestinian protestors at the University of Chicago violate campus rules but don’t get punished
“Why Won’t You Call Hamas Terrorists?” Piers Morgan vs Jeremy Corbyn Deb…
17 May 2025 1 Comment
in defence economics, economics of crime, International law, law and economics, laws of war, war and peace Tags: Gaza Strip, Israel, Middle-East politics, regressive left, useful idiots, war against terror
Trump Administration Targets State Climate Laws
17 May 2025 Leave a comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming, law and economics, politics - USA, property rights, Public Choice, rentseeking Tags: climate alarmism, nuisance suits
The Constitution explicitly states that neither the Congress nor any state may pass an “ex post facto Law,” which imposes criminal liability for past actions that weren’t restricted at the time. The Maryland, New York, and Vermont acts all propose to tax companies retroactively for legally producing fossil fuels.
Trump Administration Targets State Climate Laws
More Gaza narrative promotion from the BBC’s Fergal Keane
16 May 2025 1 Comment
in defence economics, International law, law and economics, laws of war, war and peace Tags: Gaza Strip, Israel, Middle-East politics, regressive left, war against terror
For the past nineteen months the BBC’s Fergal Keane has been a man on a mission. On his periodic trips to Israel, Keane and his team have produced multiple reports presenting a monochrome and highly limited view of the conflict from the perspective of Palestinians, with most playing heavily on the emotions of readers or […]
More Gaza narrative promotion from the BBC’s Fergal Keane
Is this a gold mine? Iwi might need consulting (for a fee) before your development can be given RMA consents
16 May 2025 Leave a comment
in economics of regulation, energy economics, law and economics, politics - New Zealand, property rights, resource economics, urban economics
Bob Edlin writes – West Coast Regional Councillor Allan Birchfield has whipped up a fuss in his neck of the woods by challenging the Ngāti Waewae representative Francois Tumahai over the iwi’s role in resource consenting. The iwi – it seems – must agree to gold-mining consents in gold-mining country, presumably after appropriate consultation or engagement […]
Is this a gold mine? Iwi might need consulting (for a fee) before your development can be given RMA consents
“A Modest Request”: The Supreme Court Hears Challenge to National or Universal Injunctions
15 May 2025 Leave a comment
in law and economics, politics - USA Tags: 2024 presidential election
Today, the United States Supreme Court will hear three consolidated cases in Trump v. CASA on the growing use of national or universal injunctions. This is a matter submitted on the “shadow docket” and the underlying cases concern the controversy over “birthright citizenship.” However, the merits of those claims are not at issue. Instead, the […]
“A Modest Request”: The Supreme Court Hears Challenge to National or Universal Injunctions
Sacramental Snitches: Church to Excommunicate any Priests Complying with Washington State Law
15 May 2025 Leave a comment
in economics of crime, economics of religion, law and economics, politics - USA
We previously discussed the legislation passed by Washington State democrats that requires priests to violate the sanctity of the confessional to report child abuse. I described the law as “blatantly unconstitutional” in eviscerating the right to the free exercise of religion. The state is moving to create an effective system of sacramental snitches and the […]
Sacramental Snitches: Church to Excommunicate any Priests Complying with Washington State Law
Utopia, you are standing in it! 
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